Festi hf.

Iceland Stock Exchange FESTI.IC

Festi hf. Capital Expenditure for the year ending December 31, 2023: USD -29.24 M

Festi hf. Capital Expenditure is USD -29.24 M for the year ending December 31, 2023, a 19.89% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).
  • Festi hf. Capital Expenditure for the year ending December 31, 2022 was USD -36.51 M, a -101.08% change year over year.
  • Festi hf. Capital Expenditure for the year ending December 31, 2021 was USD -18.16 M, a 38.67% change year over year.
  • Festi hf. Capital Expenditure for the year ending December 31, 2020 was USD -29.60 M, a -62.66% change year over year.
  • Festi hf. Capital Expenditure for the year ending December 31, 2019 was USD -18.20 M, a -25.74% change year over year.
Key data
Date Capital Expenditure Free Cash Flow Depreciation And Amortization Deferred Income Tax
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Iceland Stock Exchange: FESTI.IC

Festi hf.

CEO Ms. Asta Sigridur Fjeldsted
IPO Date Dec. 19, 2013
Location Iceland
Headquarters Dalvegur 10-14
Employees 1,773
Sector Consumer Discretionary
Industries
Description

Festi hf., together with its subsidiaries, engages in the retail sale of fuel in Iceland. It operates through N1, Krónan, and ELKO segments. The company operates 86 fuel service stations, 13 electricity service stations, and one methane service station for vehicles; 27 service stations that offer refreshments and healthy snacks under the Nesti og Ísey brand; 11 lubrication and tyre service stations; and 6 corporate stores and 42 maritime fuel pumps. It also operates 26 convenience stores under the Krónan, Kr, and Kjarval brand name, as well as Krónan online store; 6 electronic stores under the Elko brand name, as well as an online store; and 2 warehouses that provides product storage, packing, labelling, and distribution services under the Bakkinn brand. It also leases non-residential real estate properties. The company was formerly known as N1 hf. and changed its name to Festi hf. in September 2018. Festi hf. is headquartered in Kopavogur, Iceland.

StockViz Staff

January 15, 2025

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